The Scythia Graeca bulker with 75,000 tons of anthracite from South Africa for thermal power plants (TPPs) of DTEK Energo arrived in the Chornomorsk seaport (Odessa region) on November 3, the company’s press service has reported. The unloading of the vessels has been started. Coal will be delivered to the warehouses of Kryvy Rih TPP,…
ArcelorMittal Kriviy Rih is finishing switching to grading salary. In April the work to develop and implement the multi-level wage system began. On May 1, salary increased by 35-70%. (Ukrainian metal)
The Obukhovskaya Mine Group (Rostov region), owned by DTEK, in May-September exported 27.193 thousand tons of anthracite to Egypt, Italy, the Czech Republic and Poland. At the same time Ukraine desperately needs this coal for heat generation. In particular, the mine group supplied 5.44 thousand tons of coal valued at $470.26 thousand to ArcelorMittal Ostrava…
The court allowed selling the property of the state enterprise Volynugol because of its debts, as it had not been paying land tax. According to the head of the State Fiscal Service department in Volyn region Svetlana Savchuk, despite the 4.5 billion UAH payments to the budgets of all levels in January-October, there is a…
German cartel office has granted Interpipe and Vallourec the right to create the joint venture in Europe. The decision was taken on October 26, and published on November 5. The companies appealed for the JV creation on October 4. In Germany Vallourec owns Rath, Reisholz, Milheim an der Ruhr and 20% in Huttenwerke Krupp Mannesmann.…
Vysochaishiy (GV Gold) has completed the deal on advance purchase of 5.26% of its shares from the European Bank for Reconstruction and Development. The shares were transferred to Sakha GoldMining. The final payment was $39 million. The total cost of the shares was $62 million. According to the agreement signed in December 2015, EBRD was…
Uchaly Mining and Processing Works is finishing the modernization of the electricity consumption automated monitoring system. This is the first stage to implement the automated system of energy resources usage monitoring. Over 300 new devices to control and monitor electricity consumption have been assembled in the shops. The company intends to decrease electricity consumption by…
In January-October Ukraine imported 15.082 million tons of coal valued at $2.151 billion. According to the State Fiscal Service, Russia supplied $1.198 billion worth of coal (55.7%), USA – $546.822 million (25.42%), Australia – $116.423 million (5.41%) and other countries – $289.782 million (13.47%). At the same time Ukraine exported $48.741 million worth of coal…